First State Bank of Forrest Revenue, Growth & Competitor Profile

Company Profile & Annual Report for First State Bank of Forrest

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First State Bank of Forrest Fast Facts

Revenue	$10 - $100 million    See Exact Annual Revenue
Employees	10 - 100Exact Company Size
Primary Industry	52211 Commercial Banking
Additional NAICS Codes	5221 Depository Credit Intermediation
Address	133 E Krack Street Forrest, IL 61741

Note: Revenues for privately held companies are statistical evaluations.


First State Bank of Forrest's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • First State Bank of Forrest's annual revenues are $10 - $100 million (see exact revenue data)
• What industry is the company in?
  • First State Bank of Forrest is classified as operating in the Commercial Banking industry, NAICS Code 52211.

First State Bank of Forrest Annual Revenue and Growth Rate

First State Bank of Forrest	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	$10 - $100 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: First State Bank of Forrest's revenues are gauged from an analysis of company filings.

First State Bank of Forrest's Income Statement (based on Industry Averages)

First State Bank of Forrest P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Market Share of First State Bank of Forrest's Largest Competitors

A competitive analysis shows these companies are in the same general field as First State Bank of Forrest, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
JPMORGAN CHASE BANK NATIONAL ASSOCIATION	Jersey City, NJ	100
SOUTH DAKOTA BANKERS ASSOCIATION	Pierre, SD	72
PNC FINANCIAL SERVICES GROUP	Pittsburgh, PA	20
U.S. BANCORP	Minneapolis, MN	17
TRUIST FINANCIAL	Charlotte, NC	13
MUFG BANK	New York, NY	10
TD BANK	Falmouth, ME	9
FIRST-CITIZENS BANK & TRUST	Raleigh, NC	7
FEDERAL HOME LOAN BANK OF DES MOINES	Des Moines, IA	6

Nearby Competitors

These companies are similar in business line and location to First State Bank of Forrest. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
HEARTLAND BANK & TRUST	Bloomington, IL	100
FLANAGAN STATE BANK	Flanagan, IL	32
PONTIAC BANCORP	Pontiac, IL	20
FIRST STATE BANK OF FORREST	Forrest, IL	12
ILLINOIS STATE CREDIT UNION	Normal, IL	10
MINIER FINANCIAL	Minier, IL	6

Future Competition: First State Bank of Forrest's Fastest Growing Competitors

These companies are in the same general field as First State Bank of Forrest and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)